Answer:
Comparing the opportunity cost and possible gains for both Juan and Wanda helps to determine which party should produce Pancakes and who should produce Bacon.
In other words, it reveals where their comparative advantages lie.
The party with the lowest opportunity cost in a particular product has the highest Comparative Advantage.
Explanation:
If for instance, the ratios give off Juan as having the highest opportunity cost in the production of Pancakes, when compared with Bacon and Wanda has the highest opportunity cost in the production of Bacon when compared to pancakes then Juan should focus on producing Bacon and Wanda Pancakes whilst they trade with each other for the other product where their comparative advantage is lowest.
Cheers!
Answer
The classroom had 35 glue sticks. If the ratio of glue sticks to glue bottles was 5:2, how many glue bottles did the classroom have? _
Explanation:
Answer:
B.leaving a collision with more than $50 worth of property damage
Obviously a human life is worth more
D. Someone who shows initiative is someone who is creative. If someone is creative, they think of everything with their own mind, instead of researching facts.